KUALA LUMPUR, Aug 29 (Reuters) - Perusahaan Otomobil Nasional Bhd (Proton), Malaysia's leading car maker, reported on Friday a 45 percent drop in first quarter earnings and warned of continuing tough times ahead. Net profit fell to 158.1 million ringgit ($41.6 million) in the three months that ended June 30 from 289.6 million ringgit in the same period a year earlier. Proton attributed the lower profit to a 30 percent drop in sales to 1.9 billion ringgit. "Consumer sentiment is ...
Premium Content (PAID Subscription Required)
"Malaysia's Proton Q1 profit slumps 45 pct" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.